Following China’s attempt to thwart the pro-democracy movement in Hong Kong, since April the Asian financial hub has seen capital outflows of nearly $5 billion, said the Bank of England. According to the central bank’s Financial Stability Report, the flight… Read More ›
Regulations & Legal
Swiss drugmaker Roche wins U.S. & British approval for its $4.3B acquisition of Spark Therapeutics
Swiss drugmaker Roche has won approval from U.S. antitrust authorities for its $4.3 billion bid to acquire gene therapy specialist Spark Therapeutics. The development clears the way for Roche’s strategic push to position itself in the treatment of rare diseases,… Read More ›
Boris Johnson aims to block Brexit extension beyond 11 months as illegal
On Tuesday, British media including the Financial Times and The Times reported, British Prime Minister Boris Johnson aim to take bold legislative steps to prevent any extension of the Brexit transition period beyond 2020. Making an extension beyond 2020 illegal… Read More ›
Brexit bill to be tabled before parliament on Friday
Laws pertaining to Brexit are scheduled to be tabled in parliament on Friday, said Prime Minster Boris Johnson’s spokesman. The bill aims to formalize the terms of the agreement that was negotiated by Johnson and the EU into law. The… Read More ›
Key Carbon Markets Issue Remains Unaddressed At COP25 Summit
A broad based agreement to urge governments to step up the global response in reducing greenhouse gas emissions was arrived at the COP25 climate summit after some lengthy negotiations. It was attended by representatives of nearly 200 countries. But an… Read More ›
What British Businesses Want From The New UK Government Under Boris Johnson?
After getting elected as the prime minister of the United Kingdom with an overwhelming majority, Boris Johnson has assured that he would help to “unleash” the complete potential that Brexit would deliver to the country once he had fulfilled his… Read More ›
EU Leaders ‘Ready’ To Hold Negotiations For Next Stage Of Brexit
Soon after the resounding victory of Prime Minister Boris Johnson’s party and which now paves the way for the exit of the United kingdom to leave the European Union, leaders at Brussels said that they were ready to start negotiations… Read More ›
Need of New Law To Regulate Emotion-Detecting Tech, Urge Research Firm
There is need for new laws for regulation of emotion-detecting tech, suggested a leading research centre. The field is “built on markedly shaky foundations”, says the AI Now Institute. Irrespective of the risks, this technology is being used and is… Read More ›
Boris Johnson’s Conclusive Victory Not Enough To Wish Away Business’ Brexit Concerns
While the massive and decisive victory for United Kingdom Prime Minister Boris Johnson has set an absolutely clear path for him to implement his version of Brexit, businesses continue to face the uncertainties of the impending exit of the UK… Read More ›
Scientists Urge Government To Set ‘Peak Meat’ By 2030 To Address Climate Change
Scientists have warned that addressing climate change would require the peaking of production of livestock within the next decade. Scientists have already identified animal agriculture to be an important and fast-growing source of global greenhouse gas emissions and therefore scientists… Read More ›